Tyche Wealth Partners LLC Makes New $10.61 Million Investment in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Tyche Wealth Partners LLC purchased a new position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 62,286 shares of the company’s stock, valued at approximately $10,614,000. Vanguard Dividend Appreciation ETF accounts for 2.6% of Tyche Wealth Partners LLC’s portfolio, making the stock its 6th biggest holding.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VIG. Financial Freedom LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF during the 4th quarter valued at approximately $28,000. Provence Wealth Management Group purchased a new position in shares of Vanguard Dividend Appreciation ETF during the 3rd quarter valued at approximately $29,000. Sawyer & Company Inc purchased a new position in shares of Vanguard Dividend Appreciation ETF during the 3rd quarter valued at approximately $31,000. Allspring Global Investments Holdings LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF during the 4th quarter valued at approximately $31,000. Finally, Federated Hermes Inc. acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the 3rd quarter valued at approximately $33,000.

Vanguard Dividend Appreciation ETF Stock Down 0.2 %

VIG stock traded down $0.38 during trading on Tuesday, hitting $174.00. 711,284 shares of the company’s stock traded hands, compared to its average volume of 1,038,171. Vanguard Dividend Appreciation ETF has a 52 week low of $149.67 and a 52 week high of $183.52. The stock has a fifty day moving average price of $178.47 and a two-hundred day moving average price of $169.04. The stock has a market capitalization of $75.22 billion, a price-to-earnings ratio of 24.56 and a beta of 0.80.

About Vanguard Dividend Appreciation ETF

Vanguard Dividend Appreciation ETF (the Fund) seeks to track the investment performance of the Dividend Achievers Select Index. Vanguard Dividend Appreciation ETF is an exchange-traded share class of Vanguard Dividend Appreciation Index Fund. The Fund will hold all the stocks in the index in approximately the same proportions as their weightings in the index.